Southern Financial News

Haier Appliances India is set to cross the milestone of having a billion dollar revenue in 2024, helped by strong summers, festive season and ongoing trend of premiumisation, and expects Rs 11,500 crore revenue in 2025, its President NS Satish said on Thursday.

The United States Federal Reserve doesn’t allow for appropriate public input when designing bank stress tests, bank trade groups said in a lawsuit seeking to force the central bank to open the design of the tests to public comment.

Subscribe to enjoy similar stories. Box-office collection for movies released across the four southern languages—Tamil, Telugu, Kannada and Malayalam—in 2024 is likely to be 10-15% higher than last year's ₹5,110 crore, trade experts said. With hits like Manjummel Boys, Aadujeevitham-The Goat Life, Premalu, Aavesham, Vashangalkku Shesham and Brahmyugam, Malayalam cinema witnessed an extraordinary year, with gross collections of ₹743 crore between January and June alone, higher than total collections for calendar years 2022 and 2023.

The Fertilisers and Chemicals Travancore Ltd.(up 4.29%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 2.97%), Rashtriya Chemicals & Fertilizers Ltd.(up 2.56%), National Fertilizers Ltd.(up 1.84%), Southern Petrochemicals Industries Corporation Ltd.(up 1.80%), Paradeep Phosphates Ltd.(up 1.79%), Madras Fertilizers Ltd.(up 1.47%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.23%), Mangalore Chemicals & Fertilizers Ltd.(up 1.10%) and Zuari Agro Chemicals Ltd.(up 0.85%) stood among the top gainers.

Subscribe to enjoy similar stories. In the absence of a big-name holiday film this year, cinema theatre owners are not too enthusiastic about the Christmas weekend and expect Allu Arjun’s Pushpa 2: The Rule to remain the first choice of moviegoers even in its third week. While Varun Dhawan-starrer Baby John follows the southern action film template — popularised by hits like Jawan — and has been promoted aggressively, trade experts said it has not generated the right buzz, and the lead star does not have enough of a following to carry a mass-market commercial film on his shoulders.

Panama Canal has suddenly become the viral topic around the world after U.S. President-elect Donald Trump threatened to reimpose US control over the Panama Canal, a key global shipping route located in the Central American nation.

As the first programme of his visit to Kuwait, Modi visited a labour camp in Mina Abdullah area of Kuwait with a workforce of around 1,500 Indian nationals. He interacted with a cross-section of Indian workers from different states of India, enquired about their well-being, also sat at a table with some of them at the Gulf Spic Labour Camp when snacks served.

Subscribe to enjoy similar stories. Thousands of Amazon.com workers went on strike Thursday during the crucial run-up to Christmas over contract negotiations and the company’s refusal to recognize the Teamsters labor union. The International Brotherhood of Teamsters, the union that represents the Amazon employees, called the action the largest ever strike against Amazon by U.S.

Liz Bentley Associates President and founder Liz Bentley discusses the benefits of remote work as some businesses push for their employees to return to the office full-time.

The Stellantis automaker has pledged to invest 2 billion euros or $2.1 billion in Italian production next year and spend another 6 billion euros or $6.3 billion in the supply chain

President-elect Donald Trump told reporters that he would consider pardoning embattled New York Mayor Eric Adams, said the country was “not going to lose” the polio vaccine and weighed in on the flurry of drone sightings over New Jersey during a freewh...

Pushpa 2: The Rule, has emerged as a pan-India success. The film, which is made within the budget of Rs400-500 crore, has garnered more than Rs750 crore in all languages in India alone in nine days of its release. Interestingly, the contribution of the dubbed Hindi version of the film to the total collection in all languages has been 60.1% at Rs453 crore. This shows that the film has emerged as a pan-India success. Ramesh Bala, entertainment sector analyst based in Chennai, Tamil Nadu said, “A southern film which crosses over its home state and makes Rs100 crore in dubbed Hindi version is a pan-India success.” He said that Pushpa 2: The Rule has fulfilled most expectations of an able sequel just like K.G.F: Chapter 2, the sequel of the original Kannada film K.G.F: Chapter 1.

The largest seafood distributor on the Mississippi Gulf Coast and two of its managers have been sentenced on federal charges of mislabeling inexpensive imported seafood as local premium fish

The Federal Trade Commission is suing the largest U.S. distributor of wine and spirits for allegedly discriminating against small and independent businesses

Madhya Bharat Agro Products Ltd.(up 1.58%) were among the top gainers.

Gaza's civil defence agency reported that Israeli air strikes on Thursday killed at least 33 people, including 12 guards securing aid trucks in southern parts of the Palestinian territory. The latest bloodshed came just hours after the UN General Assembly called for an immediate ceasefire in the devastated territory. Seven guards were killed in a strike in Rafah, while another attack left five guards dead in Khan Yunis, agency spokesman Mahmud Bassal said.

Civic engagement nonprofits believe democracy is an exercise in need of constant support — not just extra money around major major campaigns

IMD scientist GS Patil explained, «Due to cyclonic circulation in the Bay of Bengal, moisture-laden winds are bringing rainfall to Karnataka. We anticipate moderate to heavy rain in parts of the state, particularly coastal and southern districts.»

US Central Command (CENTCOM) said Wednesday. The command's leader General Erik Kurilla «was present at the implementation and monitoring headquarters today during the ongoing first Israeli Defense Forces withdrawal and Lebanese Armed Forces replacement in Al-Khiam, Lebanon, as part of the (ceasefire) agreement,» CENTCOM said in a statement. «This is an important first step in the implementation of a lasting cessation of hostilities and lays the foundation for continued progress,» the statement quoted Kurilla as saying.

Two luxury real estate brokers and their brother have been charged in a federal indictment with sex trafficking